Want to see AU:NYM full AI Analyst Report?
Top Page
Narryer Metals Limited
(Sydney:NYM)
Select Model
Select Model
Rating:49Neutral
Price Target:
AU$0.05
▲(60.00% Upside)
Action:Reiterated
Date:04/23/26
The score is primarily held back by weak financial performance driven by no revenue, ongoing losses, and continued cash burn, despite a low-debt balance sheet. Technicals add support due to a strong uptrend versus moving averages, but extremely overbought RSI raises near-term pullback risk. Valuation remains unfavorable/unclear given negative earnings and no dividend yield.
Positive Factors
Low Leverage
A zero-debt balance sheet materially reduces solvency risk for an exploration company, giving management flexibility to fund drilling and permitting through equity or project finance without large interest burdens. This structural strength supports multi-quarter project development and strategic optionality.
Negative Factors
No Revenue
Absence of revenue is a fundamental limitation: the company cannot self-fund exploration from operations, remains dependent on external capital, and faces ongoing dilution or financing timing risk. This structural gap constrains path to profitability absent a material discovery or sale.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
A zero-debt balance sheet materially reduces solvency risk for an exploration company, giving management flexibility to fund drilling and permitting through equity or project finance without large interest burdens. This structural strength supports multi-quarter project development and strategic optionality.
Read all positive factors
Narryer Metals Limited (NYM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$10.14M
Dividend YieldN/A
Average Volume (3M)351.57K
Price to Earnings (P/E)―
Beta (1Y)1.70
Revenue GrowthN/A
EPS Growth81.91%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding211,254,800
10 Day Avg. Volume369,836
30 Day Avg. Volume351,570
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)2.30
Price to Sales (P/S)0.00
P/FCF Ratio-3.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Narryer Metals Limited Business Overview & Revenue Model
Company Description
Narryer Metals Limited, an Australian mineral exploration firm established in 2021, has its headquarters in West Perth. The company is dedicated to identifying and developing deposits of valuable minerals, specifically targeting nickel, copper, pl...
How the Company Makes Money
null...
Narryer Metals Limited Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
52
Neutral
Cash Flow
20
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -4.16K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -4.16K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.23M | -1.34M | -2.32M | -247.84K | -3.03M | -3.66K |
| Net Income | -1.31M | -1.65M | -3.81M | -2.96M | -3.03M | -13.70K |
Balance Sheet | ||||||
| Total Assets | 2.15M | 2.75M | 2.10M | 1.54M | 4.41M | 5.34M |
| Cash, Cash Equivalents and Short-Term Investments | 773.41K | 1.55M | 687.38K | 1.10M | 3.91M | 4.95M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 107.40K |
| Total Liabilities | 266.52K | 156.90K | 337.90K | 238.99K | 176.38K | 14.17K |
| Stockholders Equity | 1.65M | 2.34M | 1.48M | 1.30M | 4.24M | 5.32M |
Cash Flow | ||||||
| Free Cash Flow | -1.28M | -1.64M | -2.68M | -2.81M | -1.23M | 0.00 |
| Operating Cash Flow | -1.28M | -1.63M | -2.50M | -2.80M | -1.23M | 0.00 |
| Investing Cash Flow | -181.30K | -3.87K | -182.73K | -9.68K | 0.00 | 0.00 |
| Financing Cash Flow | 454.17K | 2.50M | 2.27M | 0.00 | 5.14M | 0.00 |
Narryer Metals Limited Technical Analysis
Neutral
0.03
Price Trends
0.06
Negative
0.04
Positive
0.04
Positive
Market Momentum
>-0.01
Negative
43.45
Neutral
43.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NYM, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and below the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.45 is Neutral, neither overbought nor oversold. The STOCH value of 43.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:NYM.
Narryer Metals Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$10.14M | -6.40 | -67.93% | ― | ― | 81.91% | |
46 Neutral | AU$7.91M | -2.52 | -147.45% | ― | ― | 24.31% | |
45 Neutral | AU$15.32M | -1.00 | -7.37% | ― | ― | -34.88% | |
44 Neutral | AU$9.38M | -7.14 | -5.53% | ― | ― | -7.41% | |
44 Neutral | AU$8.97M | -2.02 | -73.44% | ― | ― | -5.93% | |
41 Neutral | AU$14.60M | -13.33 | -51.58% | ― | ― | 56.45% |
* Basic Materials Sector Average
AU:NYM
Narryer Metals Limited
0.05
0.01
41.18%
AU:VR8
Vanadium Resources Ltd.
0.02
>-0.01
-25.00%
AU:REE
RareX Limited
0.01
>-0.01
-36.84%
AU:GT1
Green Technology Metals Limited
0.02
>-0.01
-27.27%
AU:HRE
Heavy Rare Earths Limited
0.04
-0.01
-20.00%
AU:CMG
Critical Minerals Group Ltd.
0.07
-0.06
-47.69%
Narryer Metals Limited Corporate Events
Narryer Metals Raises $125,000 in Director Placement, Flags Ongoing Project Review
Jun 5, 2026
Narryer Metals Limited has issued 4,166,666 fully paid ordinary shares at $0.03 each to raise $125,000 in a second tranche placement to directors, following shareholder approval at a recent general meeting. The company confirmed the placement was ...
Narryer Metals Seeks ASX Quotation for 4.17 Million New Shares
Jun 5, 2026
Narryer Metals Limited has applied for quotation on the ASX of 4,166,666 new ordinary fully paid shares under the code NYM. The new securities, issued on June 5, 2026, form part of previously announced transactions and will increase the company...
Narryer Metals Wins Unanimous Support for Placement and Insider Share Issues
Jun 3, 2026
Narryer Metals Limited secured strong shareholder backing at its 3 June 2026 general meeting, with all resolutions passed by poll. Investors unanimously ratified the prior issue of Tranche 1 placement shares under two ASX listing rules, consolidat...
Narryer Metals Calls June 2026 General Meeting in Perth
May 1, 2026
Narryer Metals Limited has called a General Meeting of shareholders to be held in person in Perth on 3 June 2026 at 10:00 a.m. AWST. The company is providing the Notice of Meeting and Explanatory Memorandum online via its website and the ASX platf...
Narryer Metals Calls June 2026 Meeting to Ratify Capital Raisings and Insider Share Issues
May 1, 2026
Narryer Metals Limited has called a general meeting of shareholders for 3 June 2026 in Perth, setting 1 June 2026 as the record date for voting eligibility. The meeting will seek shareholder approval to ratify prior issues of Tranche 1 placement s...
Narryer Metals advances critical minerals projects and secures premium-priced capital raise
Apr 29, 2026
Narryer Metals advanced metallurgical studies at its Rocky Gully project in Western Australia during the March quarter, aiming to define processing routes for scandium, rare earths, gallium and titanium, while also identifying a new scandium-REE p...
Narryer Metals Raises $931,000 in Tranche 1 Share Placement
Apr 24, 2026
Narryer Metals Limited has raised $931,000 through the issue of 31,033,334 fully paid ordinary shares at $0.03 per share in a Tranche 1 placement, issued without a prospectus under the Corporations Act. The company confirmed it is compliant with i...
Narryer Metals Seeks ASX Quotation for 31 Million New Shares
Apr 24, 2026
Narryer Metals Limited has applied for quotation on the ASX of 31,033,334 ordinary fully paid shares under its existing issuer code NYM. The new securities, issued on April 24, 2026, arise from previously announced transactions, expanding the comp...
Narryer Metals Plans Major Share Placement to Raise New Equity
Apr 16, 2026
Narryer Metals Limited has notified the ASX of a proposed capital raising through the issue of up to 35.2 million ordinary fully paid shares. The new securities are to be issued via a placement or similar structure, with an expected issue date of ...
Narryer Metals Raises $1.06m in Premium-Priced Placement, Adds Strategic Investor
Apr 16, 2026
Narryer Metals has secured binding commitments to raise $1.056 million via a placement of 35.2 million new shares at $0.03 each, a 30% premium to its last closing price. The shares will be issued in two tranches, with most under existing placement...
Narryer Metals Halts Trading Ahead of Potential Capital Raising
Apr 15, 2026
Narryer Metals Limited has requested and been granted a trading halt on its securities by the ASX, pending the release of an announcement. The halt will remain in place until either the company issues its news to the market or normal trading comme...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.